To settle charges of insider trading with the SEC, Steve Cohen said he would dissolve his hedge fund SAC Capital, not take outside investment till 2018 and not act in a supervisory role in any investment decision. However, the hedge fund manager seems to have found a way around that. The SEC approved the registration of Stamford Harbor Capital as a money manager on March 14, and the firm is indirectly owned by Steve Cohen. Cohen has 100% ownership in Stamford Harbor The firm’s brochure says that Steve Cohen owns over 25% ownership in the Delaware-based investment company. Our sources tell that…
Cohen's New Firm Stamford Harbor Can Take Outside Money
HFA Staff
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